Walmart in Mexico is looking to cut its supply chain costs, Chief Executive Scot Rank said at the Reuters Latin American Investment Summit in Mexico City: lowering supply costs would help the retailers margins during a time when customers remain wary of price increases.Rank noted that Walmart de Mexico had learnt from the recent acquisition of Walmart Centroamerica and was considering ways of improving its supply chain in Mexico.
"Here in Mexico we transport sometimes very perishable goods over large distances," he said. "We're looking into ways that we might be able to buy closer to our stores, or invest in training and support to communities so that they can focus on a certain type of product."
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